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    Wyoming ranks as state with lowest car insurance rates

    (Wyoming) – A new study suggests that vehicle insurance rates in Wyoming are the nation’s lowest.

    Some of the data from WalletHub about Wyoming included;

    Top 5 Cheap Car Insurance Companies in Wyoming:

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    1. USAA
    2. Grange Insurance
    3. Geico
    4. Safeco
    5. State Farm

    Other Key Findings:

    • Full coverage car insurance costs 438% more than minimum coverage in Wyoming, on average.
       
    • 16-year-olds pay 420% more for car insurance than 55-year-olds in Wyoming, on average.
       
    • Drivers with a DUI pay 76% more for car insurance than drivers with a clean record in Wyoming, on average.
       
    • 61 million Americans have reduced their car insurance coverage due to COVID-19.  
       
    • 105 million Americans say they’re not getting their money’s worth from their car insurance.
    • 55 million Americans have second thoughts about owning a car due to COVID-19.

    Wyoming is followed by South Dakota, Iowa, Vermont, and North Dakota. States with the most expensive car insurance include Delaware, Louisiana, New Jersey, New York ,and Michigan.

    For the full survey, click here.

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